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Wireless

Telecom Italia names tower company Inwit - report

Monday 2 February 2015 | 09:29 CET | News
Telecom Italia's proposed stock market listing of its domestic wireless towers is to be carried out via a new company called Inwit, reports Corriere della Sera. The operator's CEO Marco Patuano took the decision to proceed with an IPO of a portfolio encompassing around 10,200 towers after seeing the positive market reaction to the listing of tower operator Raiway in November. Deutsche Bank and Banca Imi have been appointed as financial advisors for the IPO of Inwit (short for Infrastrutture Wireless Italia), which is set to take place before June, with the operator hoping to raise up to EUR 1

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Categories: Mobile & Wireless
Companies: Telecom Italia / TIM Brasil
Countries: Italy
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